China Display Joins Supply Chain of World’s Leading Smartphone Brand

Strengthen Synergies with Shenzhen CSOT with
Production Line Certified by Prominent Client

HONG KONG, CHINA - Media OutReach - 14 September 2018 - China Display Optoelectronics Technology Holdings
Limited("Ch Display Opt" or the
"Company", together with its subsidiaries, the "Group"; HKSE stock code: 334) is pleased to announce that the production
line operated by China Display Optoelectronics Technology (Huizhou) Co., Ltd., a
wholly-owned subsidiary of the Company, has passed the qualification
requirements of one of the world's leading smartphone manufacturers, and is
qualified to produce display module products to be used in the end products of
the said smartphone manufacturer.

As a
part of the Group's sustained efforts in strengthening cooperation with
Shenzhen China Star Optoelectronics Technology Co., Ltd ("Shenzhen CSOT"), the
qualification of the Group's production line will enable it to expand its end
customer base. It is estimated that orders from the new end customer will
account for approximately 10-20% of the Group's overall sales in 2018, bringing
positive impact to the future development of the Company in the long run.

The
Management of Ch Display Opt
said, "The cooperation with the renowned smartphone client signifies a
major achievement between the Group and Shenzhen CSOT in seeking synergies and
pursuing new customers. The Group will continue to strengthen synergies with
Shenzhen CSOT to utilize its connection to establish business relationships
with top-tier corporations and reputable customers to foster the long-term
stable development of the Group."

About China Display Optoelectronics Technology
(334.HK)

Headquartered in China, China Display
Optoelectronics Technology Holdings Limited (HKSE stock code: 334) is one of
the major providers of small-to-medium-sized display modules in the region. Ch
Display Opt engages primarily in the research and development, manufacturing,
sales and distribution of LCD modules mainly for handheld mobile devices on an
ODM basis. Smartphone LCD module products of Ch Display Opt are welcomed by
domestic and overseas manufacturers with sales volume ranking among the top.